Ariel Way Inc. (PINK:AWYI) has been climbing up at full speed over the past week. The progressive up move started last AWYI_chart.pngWednesday and on Friday AWYI hit a phenomenal gain. The stock soared the next 22.22% and traded over 164 million shares on the market.

Following the records, the most reasonable explanation of the stock price jump should be the latest news by Ariel. On Wednesday, the company reported that its Chairman, President and CEO Arne Dunhem was interviewed by CEONEWS.Tv and he answered many questions related to the short- and long-term objectives of Ariel and the relationships with its partners.

Obviously, in that way the pink-sheets company has caught traders’ attention and the high trade has begun. Though, no one knows how long the news can hold the up move.[BANNER]

Ariel_logo.JPGAriel Way, Inc. is a technology and services company for highly secure global communications, multimedia and digital signage solutions and technologies. Historically, the company used to trade much lower, however, currently the stock is going up due to the recent positive press releases on its business.

In end-October, Ariel’s President Mr. Dunhem issued a letter to the stockholders, stating that the company was “hit badly by the economic downturn in 2008 and 2009” and the team were “actively working on revising and upgrading our business plan”. One of the aims was returning to full OTCBB trading by becoming a fully SEC compliant company and improving the financials.

However, in order to bring the solid business back to Ariel, the management has to find potential acquisition opportunities for providing solid consolidated revenue and earnings results. Currently, the company relies mostly on its two partners, though one of them has management problems and Ariel’s team decided “at least for now, not to further pursue a transaction with them”.